Russia’s Cyprus problem
Over the past few months, a lot of questions have been raised about the share of Russian money flowing through Cyprus, not always legally, and what effect this would have on an EU bailout for the...
View ArticleWhy Cyprus ripples are hitting Russia harder than Ukraine
Like Russian ones, many Ukrainian companies do business through offshore special purpose vehicles or holding companies registered in Cyprus. By some estimates, billions of dollars with Ukrainian roots...
View ArticleCyprus: Prokhorov to the rescue?
Mikhail Prokhorov, the billionaire Russian businessman and politician, reckons the Kremlin should help rescue Cyprus from financial collapse. But Vladimir Putin does not appear to be listening. Here’s...
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